DeFi Intel

Ethereum bounces back to $1,930 after dipping to $1,551 early in July, showing signs of recovery

Ethereum recovered to $1,930 after dipping to $1,551 in early July, driven by softer U.S. labor data and spot ETF inflows. The rally stalled due to U.S.-Iran tensions and rising oil prices, with analysts divided on whether the recovery is sustainable.

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